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Corley Island Retail Center

  SOLD April 2013 for $1,850,000

4120 US Highway 27, Leesburg, Florida 34748


Building Size14,430 Square Feet
Land Size2.71 Acres
ZoningCommercial
ElectricPublic
Year Built2003
ConstructionBlock
RoofShingle
SewerCity
Parking1/200/sf
WaterCity
Cap Rate9.38%
ZoningCP, Planned Commercial

Assumable Mortgage with First Green Bank

Income Property

Built in 2006, newly painted with modern colors, resealed parking lot

Great businesses already in place in this busy retail center, Vincent and Francesco's Italian Bistro, Dr. Bello Fl Heart & Vascular, Dr. MacInnis Dermatology, Irene’s Ice Cream and Deli, McHill’s Pharmacy, Digital Hearing Aids, and All State Insurance Company in this new development area on US Hwy 27.  A major connector road with high traffic counts between Leesburg and Clermont. Great income property; owner motivated, please bring offers.

91% occupied, with only one empty second generation space 1285/sf available for lease.

Close to hospital, shopping and Highway 44 where the new  "Brownwood" Village Center is located.

Great visibility on Highway 27, 32,000 cars per day

 


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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